The price of a share is trading at 100 in London and $150 in New York. The
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The price of a share is trading at £100 in London and $150 in New York. The current exchange rate is 1.5300. What is the arbitrage opportunity?
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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